Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

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        LATEST NEWS UPDATES | Why edible oil prices are on fire -Shubham Shankhdhar    </title>
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India&rsquo;s edible oil demand far exceeds domestic production. At least 60 per cent is met through imports, and global prices are soaring. Is there a way out?

These days, aside from the coronavirus, Ajay Kumar a 40-year-old a resident of Tagore..."/>
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India&rsquo;s edible oil demand far exceeds domestic production. At least 60 per cent is met through imports, and global prices are soaring. Is there a way out?

These days, aside from the coronavirus, Ajay Kumar a 40-year-old a resident of Tagore..." />
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    <h1 class="cat-box-title">Why edible oil prices are on fire -Shubham Shankhdhar</h1>
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                            <p style="text-align:justify">-IndiaToday.in</p><p style="text-align:justify"><em>India&rsquo;s edible oil demand far exceeds domestic production. At least 60 per cent is met through imports, and global prices are soaring. Is there a way out?</em></p><p style="text-align:justify">These days, aside from the coronavirus, Ajay Kumar a 40-year-old a resident of Tagore Garden in West Delhi, finds himself worrying about inflation. He says his monthly spending on essentials like vegetable oils has been steadily rising&mdash;a litre of mustard oil now costs him Rs 192, about one and a half times the price in May last year, when it cost Rs 132 a litre. This has affected the entire vegetable oils market&mdash;the prices of hydrogenated vegetable oil (vanaspati), soya oil, sunflower oil and groundnut oil are all on the rise. Worse, this boom in edible oil prices has taken place during a period of low demand, caused by a stretch of normal monsoons, record oilseed production and the lockdowns across the country. In other words, there is no domestic reason for the price hikes&mdash;this is an international phenomenon.</p><p style="text-align:justify"><em>Why is the heat on India?</em></p><p style="text-align:justify">In the past five years, India&rsquo;s production of oilseed has increased by more than 44 percent, from about 25.3 million tonnes in 2015-16 to near 36.6 million tonnes in 2020-21. Nonetheless, even this meets less than half India&rsquo;s edible oil demand. Based on annual per capita consumption figures&mdash;19 kg per year&mdash;India has an annual demand of 25 million tonnes of edible oil, of which only 10.5 million tonnes are supplied from domestic production. The remaining 60 per cent is supplied by imports. At the moment, the prices of oilseeds and edible oil in the international are at record highs, therefore affecting domestic prices.</p><p style="text-align:justify">Please <a href="https://www.indiatoday.in/india-today-insight/story/why-edible-oil-prices-are-on-fire-1815439-2021-06-16" title="https://www.indiatoday.in/india-today-insight/story/why-edible-oil-prices-are-on-fire-1815439-2021-06-16">click here</a> to read more.</p>                                                           
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    <br><a href="https://www.indiatoday.in/india-today-insight/story/why-edible-oil-prices-are-on-fire-1815439-2021-06-16" class="re" target="_blank">IndiaToday.in, 16 June, 2021, https://www.indiatoday.in/india-today-insight/story/why-edible-oil-prices-are-on-fire-1815439-2021-06-16</a><div class="clear"></div>
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    <h1 class="cat-box-title">Why edible oil prices are on fire -Shubham Shankhdhar</h1>
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                            <p style="text-align:justify">-IndiaToday.in</p><p style="text-align:justify"><em>India&rsquo;s edible oil demand far exceeds domestic production. At least 60 per cent is met through imports, and global prices are soaring. Is there a way out?</em></p><p style="text-align:justify">These days, aside from the coronavirus, Ajay Kumar a 40-year-old a resident of Tagore Garden in West Delhi, finds himself worrying about inflation. He says his monthly spending on essentials like vegetable oils has been steadily rising&mdash;a litre of mustard oil now costs him Rs 192, about one and a half times the price in May last year, when it cost Rs 132 a litre. This has affected the entire vegetable oils market&mdash;the prices of hydrogenated vegetable oil (vanaspati), soya oil, sunflower oil and groundnut oil are all on the rise. Worse, this boom in edible oil prices has taken place during a period of low demand, caused by a stretch of normal monsoons, record oilseed production and the lockdowns across the country. In other words, there is no domestic reason for the price hikes&mdash;this is an international phenomenon.</p><p style="text-align:justify"><em>Why is the heat on India?</em></p><p style="text-align:justify">In the past five years, India&rsquo;s production of oilseed has increased by more than 44 percent, from about 25.3 million tonnes in 2015-16 to near 36.6 million tonnes in 2020-21. Nonetheless, even this meets less than half India&rsquo;s edible oil demand. Based on annual per capita consumption figures&mdash;19 kg per year&mdash;India has an annual demand of 25 million tonnes of edible oil, of which only 10.5 million tonnes are supplied from domestic production. The remaining 60 per cent is supplied by imports. At the moment, the prices of oilseeds and edible oil in the international are at record highs, therefore affecting domestic prices.</p><p style="text-align:justify">Please <a href="https://www.indiatoday.in/india-today-insight/story/why-edible-oil-prices-are-on-fire-1815439-2021-06-16" title="https://www.indiatoday.in/india-today-insight/story/why-edible-oil-prices-are-on-fire-1815439-2021-06-16">click here</a> to read more.</p>                                                           
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        LATEST NEWS UPDATES | Why edible oil prices are on fire -Shubham Shankhdhar    </title>
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India&rsquo;s edible oil demand far exceeds domestic production. At least 60 per cent is met through imports, and global prices are soaring. Is there a way out?

These days, aside from the coronavirus, Ajay Kumar a 40-year-old a resident of Tagore..."/>
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India&rsquo;s edible oil demand far exceeds domestic production. At least 60 per cent is met through imports, and global prices are soaring. Is there a way out?

These days, aside from the coronavirus, Ajay Kumar a 40-year-old a resident of Tagore..." />
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    <h1 class="cat-box-title">Why edible oil prices are on fire -Shubham Shankhdhar</h1>
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                            <p style="text-align:justify">-IndiaToday.in</p><p style="text-align:justify"><em>India&rsquo;s edible oil demand far exceeds domestic production. At least 60 per cent is met through imports, and global prices are soaring. Is there a way out?</em></p><p style="text-align:justify">These days, aside from the coronavirus, Ajay Kumar a 40-year-old a resident of Tagore Garden in West Delhi, finds himself worrying about inflation. He says his monthly spending on essentials like vegetable oils has been steadily rising&mdash;a litre of mustard oil now costs him Rs 192, about one and a half times the price in May last year, when it cost Rs 132 a litre. This has affected the entire vegetable oils market&mdash;the prices of hydrogenated vegetable oil (vanaspati), soya oil, sunflower oil and groundnut oil are all on the rise. Worse, this boom in edible oil prices has taken place during a period of low demand, caused by a stretch of normal monsoons, record oilseed production and the lockdowns across the country. In other words, there is no domestic reason for the price hikes&mdash;this is an international phenomenon.</p><p style="text-align:justify"><em>Why is the heat on India?</em></p><p style="text-align:justify">In the past five years, India&rsquo;s production of oilseed has increased by more than 44 percent, from about 25.3 million tonnes in 2015-16 to near 36.6 million tonnes in 2020-21. Nonetheless, even this meets less than half India&rsquo;s edible oil demand. Based on annual per capita consumption figures&mdash;19 kg per year&mdash;India has an annual demand of 25 million tonnes of edible oil, of which only 10.5 million tonnes are supplied from domestic production. The remaining 60 per cent is supplied by imports. At the moment, the prices of oilseeds and edible oil in the international are at record highs, therefore affecting domestic prices.</p><p style="text-align:justify">Please <a href="https://www.indiatoday.in/india-today-insight/story/why-edible-oil-prices-are-on-fire-1815439-2021-06-16" title="https://www.indiatoday.in/india-today-insight/story/why-edible-oil-prices-are-on-fire-1815439-2021-06-16">click here</a> to read more.</p>                                                           
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Why edible oil prices are on fire -Shubham Shankhdhar

Published on Jun 16, 2021   Modified on Jun 18, 2021

-IndiaToday.in India’s edible oil demand far exceeds domestic production. At least 60 per cent is met through imports, and global prices are soaring. Is there a way out? These days, aside from the coronavirus, Ajay Kumar a 40-year-old a resident of Tagore Garden in West Delhi, finds himself worrying about inflation. He says his monthly spending on essentials like vegetable oils has been steadily rising—a litre of mustard oil now costs him Rs 192, about one and a half times the price in May last year, when it cost Rs 132 a litre. This has affected the entire vegetable oils market—the prices of hydrogenated vegetable oil (vanaspati), soya oil, sunflower oil and groundnut oil are all on the rise. Worse, this boom in edible oil prices has taken place during a period of low demand, caused by a stretch of normal monsoons, record oilseed production and the lockdowns across the country. In other words, there is no domestic reason for the price hikes—this is an international phenomenon. Why is the heat on India? In the past five years, India’s production of oilseed has increased by more than 44 percent, from about 25.3 million tonnes in 2015-16 to near 36.6 million tonnes in 2020-21. Nonetheless, even this meets less than half India’s edible oil demand. Based on annual per capita consumption figures—19 kg per year—India has an annual demand of 25 million tonnes of edible oil, of which only 10.5 million tonnes are supplied from domestic production. The remaining 60 per cent is supplied by imports. At the moment, the prices of oilseeds and edible oil in the international are at record highs, therefore affecting domestic prices. Please click here to read more.

IndiaToday.in, 16 June, 2021, https://www.indiatoday.in/india-today-insight/story/why-edible-oil-prices-are-on-fire-1815439-2021-06-16

Tagged with: Edible oils Edible oil Oilseeds Mustard oil Palm oil Sunflower oil Soya Oil Groundnut oil Consumer Price Index Retail Inflation Wholesale Price Index Wholesale prices

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